“The Cost of Cancer Drugs”

Recently, 60 Minutes ran a story about the inflated prices of new cancer drugs.

Here is how the segment began (from 60 Minutes website):

Cancer is so pervasive that it touches virtually every family in this country. More than one out of three Americans will be diagnosed with some form of it in their lifetime. And as anyone who’s been through it knows, the shock and anxiety of the diagnosis is followed by a second jolt: the high price of cancer drugs.

They are so astronomical that a growing number of patients can’t afford their co-pay, the percentage of their drug bill they have to pay out-of-pocket. This has led to a revolt against the drug companies led by some of the most prominent cancer doctors in the country

Michael Pollan on Food and Public Health

Recently, the BBC’s Analysis programme sat down with author Michael Pollan to discuss food policy and public health.

Here is a description of the interview from the BBC’s podcast:

What should we eat? Jo Fidgen talks to the influential American writer Michael Pollan about what food is – and what it isn’t. In an interview before an audience at the London School of Economics and Political Science he criticises the way the food industry has promoted highly-processed products delivering hefty doses of salt, sugar and fat. He believes that the plethora of accompanying health claims have left us more confused than ever about what food really is, where it has come from and its impact on our health and the environment. His solution? To cook at home. He argues that this simple change will guarantee a healthy diet and stop us relying on big food companies to feed us. It is also, he says, a profoundly political act. But is it a realistic proposition for busy working families or simply a middle-class ideology?

Michael Pollan on Food and Public Health

Recently, the BBC’s Analysis programme sat down with author Michael Pollan to discuss food policy and public health.

Here is a description of the interview from the BBC’s podcast:

What should we eat? Jo Fidgen talks to the influential American writer Michael Pollan about what food is – and what it isn’t. In an interview before an audience at the London School of Economics and Political Science he criticises the way the food industry has promoted highly-processed products delivering hefty doses of salt, sugar and fat. He believes that the plethora of accompanying health claims have left us more confused than ever about what food really is, where it has come from and its impact on our health and the environment. His solution? To cook at home. He argues that this simple change will guarantee a healthy diet and stop us relying on big food companies to feed us. It is also, he says, a profoundly political act. But is it a realistic proposition for busy working families or simply a middle-class ideology?

60 Minutes on Tax Fraud

Recently, 60 Minutes ran a story about prevalent IRS identity scam.

Here is a how the story began:

There have been lots of stories over the past few months on identity theft and how the information can be used against you. You may have heard something about stolen identity tax fraud. You may even have been a victim of it. It’s the biggest tax scam around now.

This is how it works. Someone steals your identity, files a bogus tax return in your name before you do and collects a refund check from the IRS. It’s so simple, you would think it would never work, but it does. It’s been around since 2008, and you’d think the IRS would have come up with a way to stop it, it hasn’t. Instead the scam has gone viral, tripling in the past three years.

The IRS estimates that it sent out nearly three million fraudulent refunds to con artists last year. And according to a new report from the Government Accountability Office out tomorrow, it cost tax payers $5.2 billion. The Treasury Department believes the numbers are much higher than that. Proving once again, what every con man already knows: there is no underestimating the general dysfunction and incompetence of government bureaucracy.

This American Life: Inside the New York Fed

The most recent episode of This American Life provided a rare glimpse into the inner workings of the New York Federal Reserve.

Here is a description of the podcast from the TAL website:

An unprecedented look inside one of the most powerful, secretive institutions in the country. The NY Federal Reserve is supposed to monitor big banks. But when Carmen Segarra was hired, what she witnessed inside the Fed was so alarming that she got a tiny recorder and started secretly taping. ProPublica’s print version.